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A-LevelEconomicsBasic economic ideas and resource allocation9708/12 · Feb/Mar 2022 · Q11 Mark

A production possibility curve shows the combinations of outputs an economy can produce using all available resources. At which points on the diagram are all available resources used? [Figure 1]

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AW and X only
BW, X and Z only
CW, X, Y and Z
DZ and Y only

✓ Correct answer

A: W and X only

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About this question

Topic
Basic economic ideas and resource allocation, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source
A-Level Economics, Feb/Mar 2022 Paper 1 Variant 2, question 1.

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